Between January and July 2023, the Netherlands imported almost 70 billion euros in goods from China. That is nearly 5 billion euros less than in the same period last year. Imports of computers and telephones were down in particular. On the other hand, goods exports to China increased by 16 percent to a total of … Read more
Acwa Power, the world’s largest private water desalination firm, has signed a Memorandum of Understanding (MoU) with Zenith Energy Terminals, GasLog and Port of Amsterdam to explore the viability for a green hydrogen export corridor. The corridor will be between Acwa Power’s global hydrogen production sites and the port of Amsterdam. The companies exchanged the … Read more
In August, the total volume of goods exports (adjusted for number of working days) rose by 0.6 percent year on year, as reported by Statistics Netherlands (CBS). The growth follows a few months of contraction. The increase in August was mainly seen in exports of machinery, appliances and transport equipment. Exports volumes of chemical products … Read more
The Embassy of the Kingdom of the Netherlands in Bangladesh is hosting a three-day maritime event that began in Dhaka on Thursday, alongside Bangladesh’s largest maritime and offshore exhibition, BIMOX 2023. During the three-day “Maritime Future is Now: The Netherlands Approach to New Opportunities” programme, a series of events will be organized, including a business … Read more
The Netherlands is a major importer of products that are linked to deforestation and land degradation by the European Commission. Examples include commodities such as soy, palm oil and cocoa. In 2022, the Netherlands was the EU’s largest importer of goods from outside the EU that are associated with deforestation. The majority of these goods … Read more
President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Mark Rutte, Prime Minister of the Kingdom of the Netherlands, discussed the strength of bilateral relations and strategic cooperation between the two countries and opportunities to develop ties to serve mutual interests, in addition to various regional and international developments. This came during His Highness’ … Read more
A Dutch delegation comprising 17 companies will partner with Kenya in exploring the investment opportunities in port development and the blue economy. The delegation consists of companies with expertise in port development, dredging, transport and logistics, water engineering, warehousing and distribution. Addressing the delegation in Nairobi yesterday, the Cabinet Secretary for Transport Kipchumba Murkomen acknowledged … Read more
New export controls hitting ASML fit tougher European line on trading with China. The Netherlands on Friday started enforcing new export controls restrictions on advanced microchips production machines to China, siding with Washington in the geopolitical tussle over who controls the critical technology. The export controls, part of a three-way deal between the United States, … Read more
The Dutch economy has experienced robust growth following the COVID-19 pandemic, outperforming other eurozone economies. This success can be attributed to the country’s resilience during the crisis and its strong recovery driven by export growth in 2021 and 2022, according to the Central Planning Bureau (CPB). Furthermore, the Netherlands is gradually reducing its dependence on … Read more
The Dutch economy has entered a recession, with daily growth of 0.3% in the second quarter. The first estimate was published by Statistics Netherlands on Wednesday. The fifth-largest economy in the eurozone shrank for the second consecutive quarter after it had a diminution of 0.4% in the initial three months of the year. Economic growth … Read more